Lee Scott Quotes (59 Quotes)


    We were devastated. We were asking him all the possibilities - was there anything at all that could be done - and we said we would rather have a second opinion.

    The only real economic concern I have is that oil prices will erase improvements in employment and real income for a portion of our customer base...an important portion of our customer base,

    Jeanne is an outstanding retail and management talent who has developed successful brands and programs in both traditional and online retail channels,

    In addition to his responsibility for Wal-Mart Stores, U.S. A., Menzer will head the divisions responsible for real estate, logistics, information services, benefits, global procurement, financial services, store planning and strategic planning. John will continue to accelerate changes in the largest segment of our business, ... During the last six years, he transformed Wal-Mart International into a wellorganized, fast-growing and profitable business. Prior to that, as Wal-Marts corporate chief financial officer, John established a solid track record as a business strategist who delivers results.

    We want to set a tone going into our fiscal year that starts Feb. 1, that Wal-Mart Stores is going to be aggressive in taking care of customers, taking care of our associates, communications and merchandising.


    But they are also better, our competitors are better because Wal-Mart exists.

    I expect that our associates will walk with a little more bounce in their step and understand that this company is behind them and has respect for them.

    Mike has brought to the U. S. operations exactly what was needed during the last couple of years. Mike has the ability and the management confidence to delegate responsibility to the best people in his organization, and develop and promote them. This new assignment will give us the opportunity to apply those skills to our overseas operations.

    The beauty of this country and what people participate in is the competitive nature that we allow to exist and the fact is that we are better because we have great competitors.

    Where we have been incorrect in what we have done, then I think we have an obligation to settle.

    Although we did not attain our goal of increasing earnings at the same rate of sales, our 8.9 percent growth in earnings per share in the fourth quarter represents more than triple the growth rate experienced in the first six months of the year,

    Many of them are doing it because they are concerned about smart growth.

    I don't think we'll win every election.

    We did not become one of the most successful companies in the world by doing things the same way for 44 years. We have succeeded by sticking to our core values while always looking to improve.

    Wal-Mart Stores did miss their plan as our customer continues to be impacted by higher gas prices and it is difficult to improve our expense leverage in the current environment.

    Inflation in the U.S. appears to be well under control, ... The only real economic concern I have is that oil prices will erase improvements in employment and real income for an important portion of our customer base.

    If we take care of the customers and associates and grow the business, Wall Street will be pleased.

    Our competitors are getting better. Across this world our competitors are getting better, ... The weaker links are having to drop out because they can't compete. The bar is being raised in this competitive arena so it's on our shoulders to do the right thing in this environment.

    There are going to be some people who never want Wal-Mart. That's OK.

    I think in some ways we have allowed other people to set the agenda. Other people to define who we are.

    And what I am trying to say to them that through our ads and through our discussions is if you don't want us in your community, that's your choice, but don't say it's because of wages.

    Don't say it's because of benefits, because our benefits are good.

    You can't take a store that is a struggling store anyway and add a bunch of people and a bunch of work rules that cause you to even be in worse shape.

    Where we're not wrong or where the cost of settling is so much that it is totally disproportionate to the harm or the error that we made, we're not going to settle.

    It's not directed at organizing our workers. It is directed at slowing this company down.

    Because the truth is our wages are really competitive and they're good.

    Are you right to want to make sure that the kids of working families have health coverage, even if it's Medicaid You bet you are.

    Tom Grimm is one of the true pioneers in the wholesale club business and we have great respect for the improvements he has helped bring to the Sam's Club member,

    We're pleased our trend of year-over-year increases in sales and net income continues. We added more than seven billion dollars in sales in the quarter and ended the year strong.

    More and more, more and more digital, in particular, I think you'll see in our stores next year, as we start combining these digital products and they interface with each other, you'll see that represented in Wal-Mart.

    In some ways, people forget about average working people, and how they live their lives.

    Because in our clippings I see a lot of articles that are very positive about all the stores that are voted by local communities.

    People aren't going to talk about it except me and that is communication and the visits I have personally had in our meetings with our store managers saying if you do these things you will be terminated, period.

    Roses, roses are always a favorite. It's an expression of love, everybody knows what the rose stands for.

    Our goal for the second half of the year remains double-digit earnings growth,. However, given the current economic environment this will be difficult to achieve, ... We expect earnings growth in the second half will show improvement over the first half of this year as we leverage our sales and market share gains, but the growth may not meet our original goals.

    It's hard for us in our stores to be a leader in technology.

    You know, we opened a record number of stores last year.

    So I think we have an obligation with our size to make sure that we are open to what people have to say to us because the people who criticize us, they're not all mean-spirited.

    If you had all the small businesses who employed 1.5 million people collectively, would there be individual instances of issues

    Health care is one of the most difficult challenges facing this country. Solving this requires a national solution ... it requires all of us working together. At Wal-Mart, we are determined to do our part and lead.

    These bills discourage companies from offering quality health care at a lower price. Even worse, they won't do a single thing to control the cost of health care for working families or their children.

    Dr. Sturgis said there was a 60 per cent chance of him being all right and we decided to give our baby that chance.

    I would guess that any criticism about Wal-Mart could have some element of truth with 1,500,000 people.

    We can see first-hand at Wal-Mart how many of our customers are struggling to get by, ... Our customers simply don't have the money to buy basic necessities.

    One of the things that strikes me is so many of the critics are people whose lifestyle doesn't change when the price of fuel changes, or if they keep a Wal-Mart store out of their area.

    Or if you have one store manager that makes a bad decision, is that indicative that that is somehow what your company represents No.

    We know this because 30 percent of our associates who have our health coverage were uninsured before they started working at Wal-Mart.

    John will continue to accelerate changes in the largest segment of our business.

    And the greeter is what sets the tone for this company and I've been on TV a little bit this morning.

    We've got to figure out a way to cause communities to also want them, the political, organized bodies.


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